Thursday, February 4, 2010

Grubb & Ellis|Commercial Florida Completes Renewal Leases at the Angebilt Building and Citrus Center in downtown Orlando

ORLANDO - Grubb & EllisCommercial Florida recently negotiated two office renewal leases for a total of 3,102 square feet in the Angebilt Building at 37 N. Orange Ave. and The Citrus Center at 255 S. Orange.

Anne Deason vice president of Office Services at Grubb & EllisCommercial Florida, negotiated a lease agreement at the Angebilt Building representing the tenant Wagner, Hohns, Inglis Inc. who renewed its lease of suite 850 with 1,298 square feet for 62 months. The New Angebilt Corporation is the landlord and was represented by Marc Cook of Tom Cook Commercial.

Deason also represented management consultants Diane Meiller & Associates, Inc. in a renewal lease for 1,804 square feet in suite 1510 at The Citrus Center. The Landlord is Parkway Properties of Orlando.

Grubb & EllisCommercial Florida: Grubb & EllisCommercial Florida is an affiliated commercial real estate services firm specializing in the leasing and sale of office, industrial, retail, land and investment properties. Currently Grubb & EllisCommercial Florida has 40 brokers divided among its Orlando, Tampa and Melbourne offices to serve the entire mid-Florida marketplace.

About Grubb & Ellis: Named to The Global Outsourcing 100™ in 2009 by the International Association of Outsourcing Professionals™, Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services and investment companies in the world. Our 6,000 professionals in more than 130 company-owned and affiliate offices draw from a unique platform of real estate services, practice groups and investment products to deliver comprehensive, integrated solutions to real estate owners, tenants and investors. The firm’s transaction, management, consulting and investment services are supported by highly regarded proprietary market research and extensive local expertise. Through its investment subsidiaries, the company is a leading sponsor of real estate investment programs that provide individuals and institutions the opportunity to invest in a broad range of real estate investment vehicles, including public non-traded real estate investment trusts (REITs), tenant-in-common (TIC) investments suitable for tax-deferred 1031 exchanges, mutual funds and other real estate investment funds. For more information, visit www.grubb-ellis.com.

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